Update: IVRO
Was the high bidder for this at .0275 in an attempt to add some shares but never got a fill as the .03s were taken out and a bidder went over me to .025.
Recent sales and earnings down some but cash is up to nearly .04 per share. Like I said, probably take 3 to 10 years to see a substantial move - this holding shares in my IRA.
Recent financial numbers
ONDENSED CONSOLIDATED STATEMENT OF OPERATIONS
|
| Three months ended
September 30
| Twelve months ended
September 30
|
| 2016
| 2015
| 2016
| 2015
| Revenues
| 224,041
| 262,302
| 884,245
| 994,714
| Costs and expenses
| 229,370
| 245,296
| 768,040
| 768,531
| Income from operations
| (5,329)
| 17,006
| 116,205
| 226,183
| Other income (loss)
| 1,297
| (2,467)
| 6,698
| 5,917
| Net profit
| (4,031)
| 14,540
| 122,903
| 232,100
| Other Comprehensive Income
| -
| -
| 19,876
| (11,110)
| Comprehensive Income
| (4,031)
| 14,540
| 142,779
| 220,990
| Profit (loss) per common share
| (0.001)
| 0.001
| 0.006
| 0.011
| Weighted average common
shares outstanding
| 21,953,976
| 21,953,976
| 21,953,976
| 21,953,976
|
|
CONDENSED CONSOLIDATED BALANCE SHEET
|
|
|
| September 30, 2016
| September 30, 2015
| Cash, cash equivalents and marketable securities
| 836,592
| 650,561
| Other current assets
|
|
| 224,650
| 255,182
| Total current assets
|
|
| 1,061,242
| 905,743
| Noncurrent assets
|
|
| 49,586
| 65,563
| Total assets
|
|
| 1,110,828
| 971,306
| Current liabilities
|
|
| 76,973
| 80,230
| Shareholders' equity
|
|
| 1,033,855
| 891,076
| Total liabilities and equity
|
|
| 1,110,828
| 971,306
|
|
